EU weighs tough restrictions as energy shock from Iran war grows
Energy resources in short supply due to the war (Photo: from open sources)
The EU is preparing new emergency measures in response to the energy crisis caused by the war in Iran. Specifically, Brussels is developing a plan to overcome the crisis and its consequences, according to El País.
The conflict has already led to serious disruptions in global energy markets. The situation worsened following attacks on infrastructure in the Persian Gulf and the effective blockade of the Strait of Hormuz — one of the key routes for oil and gas supplies.
This has caused an energy shortage and a sharp rise in prices, which directly affects EU countries.
The European Commission notes that there is currently no direct threat to physical energy supplies. At the same time, the EU is considering response scenarios similar to those applied after the start of Russia's full-scale war against Ukraine.
Possible measures include:
- Limiting temperatures in buildings;
- Expanding remote work;
- Possible fuel rationing;
- Joint procurement of energy resources at the EU level.
Some countries are already facing difficulties. In particular, Italy and Slovenia report fuel supply restrictions.
In addition to short-term steps, the EU plans to step up its policies for renewable energy development. The current crisis is expected to accelerate the transition to alternative sources and reduce dependence on imports.
Experts note that countries with less dependence on gas, particularly Spain, are currently feeling a weaker impact from the situation.
At the same time, the consequences of the conflict could extend beyond energy. Due to disruptions in global supply chains, there is a risk of new crises, including food and medical crises, as supplies of fertilizers and medicines could be threatened.
EU energy ministers have already discussed possible response steps. Some of the measures are based on recommendations from the International Energy Agency and are aimed at quickly mitigating the crisis's effects.
Energy crisis due to the war
The US, which launched an operation against Iran together with Israel — which as a result led to the energy crisis — is also on the list of those affected. Moreover, immediately after the disruptions in oil supplies and the sharp rise in oil prices, fuel became significantly more expensive in the US.
This caused panic in the administration of US President Donald Trump, as gasoline prices outraged US citizens, which was very disadvantageous for the president ahead of the elections.
Wholesale diesel prices in the EU reached an all-time high.
